ForecastCity_EU
Long

Don't miss the great buy opportunity in USDCAD

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.396). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.

Take Profits:
TP1= @ 1.4015
TP2= @ 1.4045
TP3= @ 1.4115

SL= Break below S2
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Comments

Thank you!
+1 Reply
thanks,
+1 Reply
x(-1)
+1 Reply
Thank you for the good work.
+1 Reply
Very accurate and it is making a lot of sense
+1 Reply
madhale99 sara-kian-fx
@sara-kian-fx, very accurate , made good profit
+1 Reply
This chart is really something else! Special!!
+1 Reply
Nice and simple
+1 Reply
Looks good
+1 Reply
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